00:00$12 billion is a lot of weapons, but when you look at the odds, China is a very, very powerful,
00:07big country.
00:07That's a very small island. Think of it, it's 59 miles away. We're 9,500 miles away.
00:18That's a little bit of a difficult problem.
00:21You know, with all of that being said, you know, if you look at the history of Taiwan, Taiwan was
00:29developed because we had presidents that didn't know what the hell they were doing.
00:34Because if they would have put tariffs on chips coming in, they would have never left.
00:38Everything was about Intel and everything was about our chip companies.
00:41They stole our chip industry. So I've said that for years.
00:46I said, you know, for years they stole our chip.
00:48If we would have had one of our presidents just say, we're going to say, we're going to put 100
00:53% chip.
00:53You can leave, you can build in Taiwan, but we're going to, you sell it back into the United States.
00:57We're going to put 100% or 200% tariff. We would have never lost a chip.
01:02We lost the chip industry. It's all coming back.
01:04And I do say this, Taiwan would be very smart to cool it a little bit.
01:13China would be very smart to cool it a little bit. They would both cool it.
01:16On AI.
01:18Was there a...
01:19How much –